GLFOX vs. FIW
Compare and contrast key facts about Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) and First Trust Water ETF (FIW).
GLFOX is managed by Lazard. It was launched on Dec 31, 2009. FIW is a passively managed fund by First Trust that tracks the performance of the ISE Clean Edge Water Index. It was launched on May 8, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLFOX or FIW.
Correlation
The correlation between GLFOX and FIW is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GLFOX vs. FIW - Performance Comparison
Key characteristics
GLFOX:
0.91
FIW:
0.75
GLFOX:
1.30
FIW:
1.15
GLFOX:
1.17
FIW:
1.14
GLFOX:
1.28
FIW:
1.18
GLFOX:
3.24
FIW:
3.06
GLFOX:
2.87%
FIW:
3.69%
GLFOX:
10.24%
FIW:
14.95%
GLFOX:
-29.65%
FIW:
-52.75%
GLFOX:
-1.26%
FIW:
-4.66%
Returns By Period
The year-to-date returns for both investments are quite close, with GLFOX having a 3.32% return and FIW slightly higher at 3.36%. Over the past 10 years, GLFOX has underperformed FIW with an annualized return of 4.98%, while FIW has yielded a comparatively higher 13.37% annualized return.
GLFOX
3.32%
5.07%
3.45%
9.07%
3.01%
4.98%
FIW
3.36%
5.40%
1.97%
10.10%
11.33%
13.37%
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GLFOX vs. FIW - Expense Ratio Comparison
GLFOX has a 1.22% expense ratio, which is higher than FIW's 0.54% expense ratio.
Risk-Adjusted Performance
GLFOX vs. FIW — Risk-Adjusted Performance Rank
GLFOX
FIW
GLFOX vs. FIW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) and First Trust Water ETF (FIW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
GLFOX vs. FIW - Dividend Comparison
GLFOX's dividend yield for the trailing twelve months is around 2.96%, more than FIW's 0.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLFOX Lazard Global Listed Infrastructure Portfolio Open Shares | 2.96% | 3.06% | 2.68% | 5.59% | 4.09% | 2.39% | 4.20% | 5.00% | 1.70% | 2.18% | 8.41% | 7.18% |
FIW First Trust Water ETF | 0.67% | 0.70% | 0.68% | 0.67% | 0.37% | 0.56% | 0.55% | 0.73% | 1.13% | 0.51% | 0.76% | 0.75% |
Drawdowns
GLFOX vs. FIW - Drawdown Comparison
The maximum GLFOX drawdown since its inception was -29.65%, smaller than the maximum FIW drawdown of -52.75%. Use the drawdown chart below to compare losses from any high point for GLFOX and FIW. For additional features, visit the drawdowns tool.
Volatility
GLFOX vs. FIW - Volatility Comparison
The current volatility for Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) is 2.80%, while First Trust Water ETF (FIW) has a volatility of 3.48%. This indicates that GLFOX experiences smaller price fluctuations and is considered to be less risky than FIW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.